A country's visible balance of payment is made up of

Commerce

JAMB 2022

A. interest on loans to foreign countries
B. profit from investment abroad
C. earnings from goods exported
D. dividend earned from companies

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Correct Answer: Option C

Explanation

A country's visible balance of payment is made up of earnings from goods exported. The balance of payment transactions consist of imports and exports of goods, services, and capital, as well as as transfer payment, such as foreign aid and remittances.

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